Gillette_India_Limited_AR_20

Annual Report 2019-20 36 Gillette India Limited C. Remuneration to Key Managerial Personnel other than Managing Director / Whole Time Director during the Financial Year ` in lakhs Sr. No. Particulars of remuneration Mr. Ghanashyam Hegde (Company Secretary) # 1 Gross salary (a) Salary as per provisions contained in section 17(1) of the Income-tax Act, 1961 182.31 (b) Value of perquisites u/s 17(2) Income-tax Act, 1961 17.17 (c) Profits in lieu of salary under section 17(3) Income-tax Act, 1961 – 2 Stock Option – 3 Sweat Equity – 4 Commission – 5 Others, please specify 46.50* Total 245.98 # Mr. Ghanashyam Hegde is paid by the Company and portion of the remuneration is cross charged to Procter & Gamble Hygiene and Health Care Limited and Procter & Gamble Home Products Private Limited in proportion to their respective Net Outside Sales. * Mr. Ghanashyam Hegde was paid a one-time retention bonus of ` 46,50,000. VII. PENALTIES / PUNISHMENT / COMPOUNDING OF OFFENCES There were no penalties / punishment / compounding of offences for breach of the any section of Companies Act, 2013 against the Company or its Directors or other officers in default during the Financial Year.